Slaughter and May today announces a major appointment in London. Sir David Green CB QC, former Director of the Serious Fraud Office (SFO), will join the firm as a senior consultant on 22 October, six months after his departure from the SFO. Sir David was at the helm at the SFO for 6 years and is widely acknowledged to have strengthened it significantly. Sir David’s … [Read more...]
Slaughter and May is advising Legal & General on the sale of its Mature Savings business to Swiss Re for £650 million
Slaughter and May is advising Legal & General on the sale of its Mature Savings business to the ReAssure division of Swiss Re for £650 million. The Mature Savings business, which is largely closed to new business, has around 1 million customers who hold traditional insurance based pensions, savings and investment products. The business includes both unit linked business and … [Read more...]
ACT Borrower’s Guide to LMA Documentation
Slaughter & May - The Association of Corporate Treasurers (ACT) has worked with the Loan Market Association (LMA) on the development of the Investment Grade Agreement (and its revisions) since the project was first launched in 1996. The Guide is produced by Slaughter and May for the ACT and provides detailed negotiating advice for treasurers. The latest edition the Guide … [Read more...]
Slaughter and May Advising FirstGroup PLC on Rights Issue
Slaughter and May, working as an integrated team with Paul, Weiss, Rifkind, Wharton & Garrison LLP, is advising FirstGroup plc ('FirstGroup') on a fully underwritten rights issue to raise approximately £615 million (the 'Rights Issue'). The Rights Issue, which was announced on 20 May 2013, will provide FirstGroup with additional finance resources to continue investment … [Read more...]
Slaughter and May & Cravath Work on EUR2.28 Media Sale
LawFuel.com - Slaughter and May, working as an integrated team with Bredin Prat and Cravath, Swaine & Moore LLP, advised Lagardère, a French world-class pure-play media group, on the sale of its entire stake in EADS for approximately EUR 2.28 billion. The sale by Lagardère, representing approximately 7.4% of the share capital of EADS, was by way of a private placement … [Read more...]
Slaughter and May Advises Manchester Airport Group on Stansted Acquisition
LawFuel.com - Slaughter and May advised Manchester Airport Group (M.A.G) on the financing for its acquisition of Stansted Airport. As part of the acquisition, which completed on 28 February, Industry Funds Management (IFM) has taken a 35.5% interest in the enlarged group. The funds for the acquisition come from investment grade financing, consisting of a £900 million term … [Read more...]
